Average Price for property in London Road, Worcester, WR5 is around £193,130 which varies based on type of property you are interested in and ranges from £296,088 for detached house to around £208,659 for semi-detached. Similarly terraced house is around £205,366 and a flat is worth £105,482. Values have been changing and have risen £993 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,592 in last 6 months, £11,830 in last 1 year, £19,118 in last 2 years, £22,490 in last 3 years, £19,776 in last 4 years and £21,432 in last 5 years.
Currently average asking price of a property in London Road, Worcester, WR5 is around £243,829 based on approximately 3 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £750 per month.
Estimated property value in London Road, Worcester, WR5 is £193,130. Average asking price is £243,829 while average price paid is £127,000 which is up by £11,830 and Avg. asking rent £750.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in London Road, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £127,000 based on approximately 3 sales in London Road, Worcester, WR5 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £149,305. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £158,440 for 21 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £164,118 per sale.